Seychelles private foundation
Open pricing. The final quote is fixed in writing before work starts.
A Seychelles private foundation is a legal entity without shareholders that holds assets for beneficiaries. It is governed by the 2009 Foundations Act as amended in 2021. Foundations are used for asset protection, estate planning and as a holding layer above family companies and accounts. It is one of the most affordable ways to set up a proper foundation: without Liechtenstein or Austrian level costs, but with clear rules and a regulator.
How a foundation works
| Party or document | Role |
|---|---|
| Founder | creates the foundation and transfers assets to it, can also be a beneficiary |
| Council | manages the assets, one or more members, including companies |
| Protector | optional, oversees the council and protects beneficiaries' interests |
| Beneficiaries | receive distributions under the foundation's rules, not publicly disclosed |
| Charter | filed on registration: name, purposes, founder, agent |
| Regulations | a private document: who gets paid, when and how much, how beneficiaries change |
| Registered agent | a provider licensed in Seychelles for foundation services, which handles registration |
What is allowed and what is not
- A foundation can hold company shares, accounts, property, securities and other assets.
- The foundation itself does not trade, except as needed for its purposes. Companies owned by the foundation can operate without restriction.
- Beneficial ownership details are filed in a closed state database and not publicly disclosed.
- Since 2021 a foundation must keep accounting records and hold them with its registered agent in Seychelles.
Typical structures
- The foundation owns a holding company, which owns the family's operating companies and accounts. The business runs as usual, while ownership is protected and passes under the foundation's rules.
- The foundation owns property through a company in the country where the property is, so the owner does not change on inheritance.
- The regulations set payments for children's education, medical care and housing, and how beneficiaries change on divorce or the birth of grandchildren.
Government fees and our prices
| Payment | Amount |
|---|---|
| Financial Services Authority registration fee | $200 |
| Financial Services Authority annual fee | $200 |
| Our registration with fee, agent and address | $2,500 |
| Drafting the charter and regulations | from $1,330 per document |
| Annual maintenance with fee, agent and address | $3,300 |
If needed we provide a council member and a professional founder, $3,000 each. Due diligence on the parties is paid separately: a $500 base fee and $300 for each additional individual.
Registration is $200 - the charter decides who gets the assets
The law does not stop you setting up a Seychelles foundation on your own. But mistakes cost more than the fees: a charter under which the founder keeps control and pays tax at home, regulations with no procedure to replace the council, a foundation that trades although the law does not allow it, and a bank that will not open an account without a clear structure. Murblz specialists draft the charter and regulations for your family, provide a council member if needed, check the tax consequences and handle registration. We guarantee professional work and a transparent process, and in most cases a result on the first application.
The cost of support depends on the foundation's structure and participants; package prices are in the table on the page, and a manager will calculate the total in the chat.
How to set up a foundation: steps
- Task review: which assets, who the beneficiaries are, what should happen on the founder's death or incapacity.
- Due diligence on the founder and parties, proof of the source of assets.
- Drafting the charter and regulations for your family.
- Registration through the agent with the Financial Services Authority, usually within a few business days after checks.
- Transfer of assets: company shares, accounts, property.
- Annual maintenance: fee, accounts, updating beneficial ownership details.
Taxes and owners' reporting
The tax consequences of a foundation are determined above all by the country where the founder and beneficiaries live. In many countries a foundation effectively controlled by the founder is treated as their controlled structure and must be reported to the tax authority. We check the structure before the foundation is created so it does not lead to unexpected taxes.
What we do
Murblz specialists review the family's task, draft the charter and regulations, register the foundation through a licensed agent, provide a council member if needed, help transfer the assets and handle annual maintenance and accounts. If a trust or a foundation in another country suits your task better, we say so at once. All prices are in the table below.
Fees
| Service | Price |
|---|---|
| Foundation registration (state duty + registered agent + legal address) | $2 500 |
| Drafting the foundation Charter | from $1 330 |
| Drafting the foundation Regulations | from $1 330 |
| Compliance fee - base rate | $500 |
| Compliance fee - each additional individual | $300 |
| Compliance fee - legal entity administered by Murblz | $300 |
| Compliance fee - external legal entity | $400 |
| Compliance fee - document signing | $200 |
| Annual maintenance (duty + agent + address) | $3 300 |
| Foundation council member services, per year | $3 000 |
| Power of attorney from a council member | $660 |
| Professional founder services, per year | $3 000 |
| Bank account opening assistance | from $2 110 |
| Company with special articles (unregulated closed-end fund) registration | from $5 290 |
| Subscription agreement drafting | from $2 380 |
| Shareholders agreement drafting | from $4 310 |
We will calculate online the cost of setting up the structure and running it for a year.
FAQ
Why does a foundation need both a charter and regulations?
Who manages a Seychelles foundation?
Can a foundation run a business?
What are a foundation's regular costs?
Are beneficiaries disclosed?
How long does setting up a foundation take?
How much does setting up a foundation with your help cost?
Considering a private foundation in the Seychelles?
We compare a Seychelles foundation with other jurisdictions for your assets and prepare the charter and registration documents. The catalogue covers trusts and foundations worldwide.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
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